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To: SeekAndFind
No pity here. Solly Chahlie
2 posted on
02/16/2012 8:24:21 AM PST by
Shimmer1
(No matter how cynical I get, I just can't keep up.)
To: SeekAndFind
I remember him scoring over 50 points several times early in his career and leading Philadelphia to the NBA finals. even Michael Jordan had a hard time trying to stop him.
To: SeekAndFind
He can fall back on his Harvard education. Oh,wait.....
4 posted on
02/16/2012 8:25:49 AM PST by
Dr. Ursus
To: SeekAndFind
How can one NOT enjoy some schadenfreude over this?
A detestable thug goes down the tubes financially. Makes me smile.
5 posted on
02/16/2012 8:28:14 AM PST by
brownsfan
(Aldous Huxley and Mike Judge were right.)
To: SeekAndFind
Somehow, you just know this is “George Bush’s Fault!”(tm), right?
7 posted on
02/16/2012 8:32:52 AM PST by
tcrlaf
(Election 2012: THE RAPTURE OF THE DEMOCRATS)
To: SeekAndFind
Multi-Millionaire? Warren Buffett says you want to pay MORE Taxes, to share your wealth with the parasites, Alvin?
To: SeekAndFind
...60 percent of NBA players go broke five years after their last basketball-related paycheck... It's not just in basketball, either. Look at professional boxing. I don't get it. Do they think their career will go one forever and they don't have to plan for when the paycheck stops? Stupid...
11 posted on
02/16/2012 8:39:42 AM PST by
econjack
To: SeekAndFind
I think more NBA players should take notes from Jamal Mashburn. Not only has that guy not lost his NBA fortune, he’s increased it dramatically. Mashburn owns about 100 restaurant franchises (split about equally between Papa John’s Pizza and Outback Steakhouse) and owns four successful car dealerships in his home state of Kentucky.
12 posted on
02/16/2012 8:40:54 AM PST by
DemforBush
(Six o'clock in *Berlin*. They were having lunch in Cleveland.)
To: SeekAndFind
And taxpayers are still being robbed by communities, using tax money, to build playgrounds for these grossly overpaid alleged professionals.
I wonder how much he would have made if the owners had to build their own playgrounds with their own money and used what was left over for salaries.
I would not care one iota if he made $100 BILLION as long as I was not forced to pay taxes to build his playground.
14 posted on
02/16/2012 8:41:18 AM PST by
Wurlitzer
(Welcome to the new USSA (United Socialist States of Amerika))
To: SeekAndFind
60 percent of NBA players go broke five years aonsfter their last basketball-related paycheckI've never understood why teams don't insist on putting a reasonable chunk of change right off the top into a lockbox that would pay former players a reasonable stipend. If 60% of the players in fact do go broke, one would think both the league and the players union would insist on it. It should be part of the standard contract.
Not that I expect the NBA to ever do the right thing.
19 posted on
02/16/2012 8:46:01 AM PST by
sphinx
To: SeekAndFind
Iverson's financial woes are rather common among former big-earning NBA players.
I know a former NBA player quite well - he played for seven years ('96-'04) and made good money, albeit, not superstar millions.
As a rookie, the NBA POUNDED into them that their new found riches would soon disappear thanks to family, friends, hangers-on, shady business deals and not least of all - their own stupidity.
He was lucky that he listened, and also that he listened to many a veteran player who steered him away from trouble.
20 posted on
02/16/2012 8:47:00 AM PST by
oh8eleven
(RVN '67-'68)
To: SeekAndFind
This is what happens when you support a huge “posse” and their families.
To: SeekAndFind
It’s too bad he couldn’t have had some ‘practice’ managing money...:-)
24 posted on
02/16/2012 8:50:58 AM PST by
BADROTOFINGER
(Life sucks. Get a helmet.)
To: SeekAndFind
-—60 percent of NBA players go broke five years after their last basketball-related paycheck, reports The Toronto Star.-—
Wooooow...
To: SeekAndFind
To: SeekAndFind
To: SeekAndFind
The NBA Players' Association reportedly reminds its rookies every year that 60 percent of NBA players go broke five years after their last basketball-related paycheck, reports The Toronto Star.I find that to be pretty shocking. I read once that the NBA has the best "how to handle sudden wealth" curriculum in professional sports, specifically developed to counteract this problem.
I guess there's no fix for "stupid" after all.
To: SeekAndFind
I know just how Iverson feels...I don't have enough money to pay my jeweler $860,000 either. Bummer!
36 posted on
02/16/2012 9:07:45 AM PST by
count-your-change
(You don't have to be brilliant, not being stupid is enough.)
To: SeekAndFind
He completely wasted $154 million? I think I can set him up for a $196,700 per year job. The only requirement is that he can spend money like crazy and has either paid his taxes or can say "oops!" really sincerely and write a check to the IRS for some of the taxes due.
Can you say Secretary of Treasury Allen Iverson?
37 posted on
02/16/2012 9:11:45 AM PST by
KarlInOhio
(You only have three billion heartbeats in a lifetime.How many does the government claim as its own?)
To: SeekAndFind
He thought about his money like he thought about practice.
38 posted on
02/16/2012 9:16:24 AM PST by
AU72
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